Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Tuesday, September 20, 2016
High End Home Sales

We saw an amazing 29 home sales over $500K last year -- which was the highest seen anytime since 2008.  This year we are on track to likely match that pace of high end sales, with 21 home sales over $500K in the first 9.5 months of the year. 

High End Home Sales

Again, last year showed an amazing number (19) of home sales over $600K - the highest since all the way back in 2007 -- but it does not seem that we will see that many home sales in 2016. With 10 home sales on the books thus far, we have exceed 2011-2014 levels, but it seems unlikely we'll get all the way up to 19 home sales this year.

High End Home Sales

Finally, looking at the super-high-end home sales (over $700K) we are seeing a significant drop off from last year.  Last year we saw a remarkable 11 home sales over $700K, which seems to be the highest number on record, ever.  This year, however, we have only seen 3 home sales over $700K thus far.